ABICON ELEKTRO AS

3036 DRAMMEN

Finances

Share Ownership

Return on Equity

−22,77 %

Current Ratio

1,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	143 926 000	164 456 000	161 742 000	146 203 000
Net Income	−4 019 000	2 536 000	6 231 000	4 252 000
Total Assets	47 859 000	52 516 000	60 223 000	61 516 000
Total Equity	17 650 000	21 708 000	19 209 000	29 026 000

Income (NOK)	2022	2021	2020	2019
Revenue	143 926 000	164 456 000	161 742 000	146 203 000
Expenditure	148 878 000	161 283 000	153 779 000	141 063 000
Operating Profit	−4 953 000	3 173 000	7 962 000	5 140 000
Financial Income	85 000	249 000	233 000	481 000
Financial Costs	216 000	182 000	168 000	165 000
Financial Balance	−131 000	67 000	65 000	316 000
Earnings Before Tax	−5 084 000	3 240 000	8 027 000	5 456 000
Tax	−1 065 000	704 000	1 796 000	1 205 000
Net Income	−4 019 000	2 536 000	6 231 000	4 252 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 245 000	3 385 000	2 743 000	4 308 000
Total Current Assets	44 614 000	49 131 000	57 480 000	57 208 000
Total Assets	47 859 000	52 516 000	60 223 000	61 516 000
Total Retained Equity	17 218 000	21 276 000	18 777 000	28 594 000
Total Equity	17 650 000	21 708 000	19 209 000	29 026 000
Total Long-Term Debt	0	435 000	580 000	675 000
Total Current Debt	30 209 000	30 373 000	40 434 000	31 816 000
Total Equity and Debt	47 859 000	52 516 000	60 223 000	61 516 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	143 390 000	164 018 000	160 746 000	145 733 000
Other Income	536 000	438 000	995 000	470 000
Revenue	143 926 000	164 456 000	161 742 000	146 203 000
Cost of Goods Sold	61 852 000	81 834 000	75 282 000	66 967 000
Salary Costs	73 596 000	68 730 000	65 550 000	63 168 000
Depreciation	798 000	995 000	1 196 000	1 137 000
Impairment	0	0	0	0
Expenditure	148 878 000	161 283 000	153 779 000	141 063 000
Operating Profit	−4 953 000	3 173 000	7 962 000	5 140 000
Financial Income	85 000	249 000	233 000	481 000
Financial Costs	216 000	182 000	168 000	165 000
Financial Balance	−131 000	67 000	65 000	316 000
Dividends	0	0	0	0
Net Income	−4 019 000	2 536 000	6 231 000	4 252 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	933 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	140 000	290 000	367 000	303 000
Fixtures	574 000	1 198 000	2 016 000	1 928 000
Total Tangible Assets	715 000	1 488 000	2 383 000	2 231 000
Total Fiancial Fixed Assets	1 598 000	1 897 000	360 000	2 077 000
Total Fixed Assets	3 245 000	3 385 000	2 743 000	4 308 000
Stock	1 497 000	1 466 000	1 028 000	1 056 000
Total Investments	1 871 000	1 985 000	1 822 000	1 757 000
Cash, Bank	9 729 000	15 765 000	11 806 000	17 392 000
Total Current Assets	44 614 000	49 131 000	57 480 000	57 208 000
Total Assets	47 859 000	52 516 000	60 223 000	61 516 000
Total Equity	17 650 000	21 708 000	19 209 000	29 026 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	435 000	580 000	675 000
Creditors	9 633 000	10 064 000	14 559 000	9 710 000
Unpaid Taxes	8 666 000	8 389 000	8 388 000	8 034 000
Dividends	0	0	0	0
Other Current Debt	11 619 000	11 081 000	15 617 000	13 368 000
Total Current Debt	30 209 000	30 373 000	40 434 000	31 816 000
Total Equity and Debt	47 859 000	52 516 000	60 223 000	61 516 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−22,77 %	11,68 %	32,44 %	14,65 %
Debt-to-Equity Ratio	0	0,02	0,03	0,02
Operating Profit Margin	−3,44 %	1,93 %	4,92 %	3,52 %
Current Ratio	1,48	1,62	1,42	1,8
Quick Ratio	1,55	1,7	1,46	1,86
Equity Ratio	0,37	0,41	0,32	0,47
Gross Profit Margin	57,03 %	50,24 %	53,46 %	54,2 %